SciPlay (SCPL) Scheduled to Post Earnings on Tuesday

SciPlay (NASDAQ:SCPLGet Rating) will announce its earnings results after the market closes on Tuesday, May 10th. Analysts expect the company to announce earnings of $0.26 per share for the quarter. Investors interested in registering for the company’s conference call can do so using this link.

SciPlay (NASDAQ:SCPLGet Rating) last posted its quarterly earnings data on Tuesday, March 1st. The company reported $0.87 earnings per share for the quarter, topping the consensus estimate of $0.25 by $0.62. The company had revenue of $154.40 million during the quarter, compared to analysts’ expectations of $154.46 million. SciPlay had a return on equity of 7.79% and a net margin of 3.18%. During the same period in the prior year, the firm earned $0.18 earnings per share. On average, analysts expect SciPlay to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

SCPL stock opened at $13.24 on Tuesday. The firm has a market capitalization of $1.70 billion, a PE ratio of 16.97 and a beta of 0.32. The stock’s 50-day moving average price is $12.99. SciPlay has a fifty-two week low of $10.75 and a fifty-two week high of $22.29.

Several research analysts have recently weighed in on SCPL shares. Macquarie set a $20.00 price objective on SciPlay in a research report on Wednesday, January 26th. Deutsche Bank Aktiengesellschaft reduced their price objective on SciPlay from $21.00 to $17.00 and set a “buy” rating for the company in a research report on Thursday, March 3rd. Truist Financial dropped their target price on SciPlay from $18.00 to $14.00 in a report on Thursday, January 20th. The Goldman Sachs Group reiterated a “buy” rating and set a $20.00 target price on shares of SciPlay in a report on Tuesday, April 19th. Finally, DA Davidson upgraded SciPlay from a “neutral” rating to a “buy” rating and set a $18.00 target price on the stock in a report on Thursday, March 3rd. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and three have issued a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $17.86.

A number of large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new stake in SciPlay in the fourth quarter valued at approximately $45,000. Geode Capital Management LLC raised its stake in SciPlay by 3.8% in the fourth quarter. Geode Capital Management LLC now owns 264,275 shares of the company’s stock valued at $3,641,000 after buying an additional 9,578 shares during the period. D. E. Shaw & Co. Inc. bought a new stake in SciPlay in the fourth quarter valued at approximately $479,000. Marshall Wace LLP raised its stake in SciPlay by 41.0% in the fourth quarter. Marshall Wace LLP now owns 163,698 shares of the company’s stock valued at $2,257,000 after buying an additional 47,616 shares during the period. Finally, Norges Bank bought a new stake in SciPlay in the fourth quarter valued at approximately $2,110,000. Hedge funds and other institutional investors own 18.63% of the company’s stock.

About SciPlay (Get Rating)

SciPlay Corporation develops, markets, and operates a portfolio of social games for mobile and web platforms in North America and internationally. It offers social casino games, such as Jackpot Party Casino, Gold Fish Casino, Quick Hit Slots, 88 Fortunes Slots, MONOPOLY Slots, and Hot Shot Casino, as well as casual games comprising Bingo Showdown, Solitaire Pets Adventure, and Backgammon Live.

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Earnings History for SciPlay (NASDAQ:SCPL)

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